Capital Gains Tax

Higher tax will drive capital away, says CEA V Anantha Nageswaran

Rejecting the idea of a "billionaire tax" suggested by noted economist Thomas Piketty, Nageswaran said, "Not all problems can be solved through fiat"

Explained: How to calculate capital gains tax on multiple demat accounts

For long term capital gains on equity shares, one must remember to factor in the benefit of grandfathering the cost for shares purchased before 31st January 2018.

Kotak MF's Nilesh Shah bats for restrictions on retail investors in F&O

Budget with BS: The Fine Print: 'Atithi Devo Bhava' is good for tourism not for financial markets; there should be no differential treatment, said Nilesh Shah, managing director of Kotak Mutual Fund

A change in course?

Three shifts in the Union Budget that may pay off

India's high growth will help soften LTCG blow: Invesco MF's Taher Badshah

Badshah says that the hike in capital gains taxation is an adverse development, but given the high growth trajectory of domestic equities, it shouldn't be a major worry

Capital gains tax reforms in context

The budgetary provisions on the taxation of capital gains could help foster change in trading behaviour and address inequality

I-T dept says changes in capital gains tax to promote ease of compliance

The income tax department on Wednesday issued a FAQ on changes in the capital gains tax saying the idea behind it was to simplify the tax structure and promote ease of compliance. The holding period for various asset classes for the purpose of short- and long-term capital gains tax has been rationalised. The holding period of all listed assets will be now one year for the purpose of long-term capital gains tax (LTCG). Therefore, for listed units of business trusts (ReITs, InVITs) holding period is reduced from 36 months to 12 months. The holding period of gold, unlisted securities (other than unlisted shares) is also reduced from 36 months to 24 months for calculating LTCG. The holding period of immovable property and unlisted shares remains the same as earlier i.e. 24 months. "Simplification of any tax structure has benefits of ease of compliance viz computation, filing, maintenance of records. This also removes the differential rates for various classes of assets," the income tax

Simpler capital gains tax regime highlight of Budget

The administration of the income-tax department is in a poor shape today. Taxpayer appeals have piled up for the past five years with zero accountability by the tax department

Budget 2024: Sensex rebounds 1,200 points from day's lows to end flat

ITC gained 3.8 per cent as there were no changes in the taxes related to tobacco products

Union Budget 2024: Capital gains tax hike -What it means for you?

500% increase in long-term capital gains declarations before tax increase

Short-term capital gains declarations had also been increasing after the pandemic

FM hikes short & long term capital gains tax, Sensex & Nifty crack

Short-term capital gains tax raised to 20%, long term to 12.5%

Capital gains tax rejig on share sale in Modi 3.0 budget can spook markets

Market pundits also expect some changes in the tax treatment of gains arising from trades in the futures & options (F&O) segment

Budget 2024: Industry hopes for capital gains tax relief from Centre

Capital gains taxes can range from 10 per cent to as high as 30 per cent, depending on the holding period, which spans from one to three years

Gifting shares? Bombay HC ruling clarifies capital gains tax treatment

This judgment, delivered in the case of Jai Trust vs. Union of India, clarifies the tax implications surrounding capital gains arising from gifted financial assets.

Gifted shares may escape capital gains tax if HC ruling sets precedent

The court held that a gift is a voluntary transfer and does not require consideration. Only when there is consideration received can profit or gain be measured

FM's clarification on capital gains tax could see markets recover on Monday

Ambareesh Baliga, an independent market analyst believes the markets want 'more of the same' in terms of income tax-related policies - continuity amid a stable regime

Section 54F: Avoid capital gains tax on jewellery sale with house buy

In India, no tax has to be paid on inheriting gold, but its sale triggers capital gains tax

Start-up founder? Here's how you can save on capital gains tax

Capital gains tax: When do you have to pay it, how is it calculated

The profit you get when you sell an item that has appreciated in value is subject to capital gains tax